US gov't capable of defaulting on debt?

[Gematria]

US gov't capable of defaulting on debt?


Yes, by the printing press.

[ShoppingCartLaw]

Originally Posted by paperhouse

Amen. I watched that video a few times. I picked up on that as well. It's scandalous. Bush and his entire administration has failed this country. Based on this legislation alone, they need to be brought up on charges of treason if that claim is correct. That's a very serious charge, I am aware.

There are European economists who believe that Greenspan should be tried for war crimes for allowing this to get this far out of control by lowers interest rates in the early 00s. If this legislation does not pass, it will not be pretty.

Did you watch this video at
YouTube - Democrats Covering up the Fannie Mae, Freddie Mac and Economic Crisis

and


YouTube - Burning Down The House: What Caused Our Economic Crisis? ???

Watch the videos above a few times before they get BANNED. It will give you a perspective of what happened with our government.

[kidicarus89]

In essence, the U.S. Government is at the hands of its debtors.